JP Morgan Maintains Neutral on Enviva, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Mark Strouse has maintained a Neutral rating on Enviva (NYSE:EVA) and lowered the price target from $14 to $10.
October 18, 2023 | 2:17 pm
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JP Morgan has maintained a Neutral rating on Enviva and lowered the price target from $14 to $10.
The lowering of the price target by JP Morgan, a major financial institution, could potentially lead to a decrease in the stock price of Enviva in the short term. This is due to the fact that investors often take into account the price targets set by major financial institutions when making investment decisions.
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